Verb Technology Company, Inc. (NASDAQ:TONX – Get Free Report) CFO Sarah Josephine Olsen sold 25,420 shares of Verb Technology stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $2.87, for a total value of $72,955.40. Following the completion of the sale, the chief financial officer directly owned 1,285,070 shares in the company, valued at approximately $3,688,150.90. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Verb Technology Trading Down 1.0%
Verb Technology stock opened at $2.87 on Friday. The company’s fifty day simple moving average is $3.26. Verb Technology Company, Inc. has a 52-week low of $1.75 and a 52-week high of $4.44.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Verb Technology in a research note on Friday, October 2nd. Wall Street Zen raised Verb Technology from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.
Read Our Latest Analysis on TONX
About Verb Technology
Verb Technology Company, Inc developed interactive, video-based sales and marketing software designed to help businesses engage customers and manage digital commerce activities. Its technology included sales-enablement and customer relationship management tools, as well as video presentation and livestreaming capabilities.
The company’s best-known platform was MARKET.live, a livestream social-shopping marketplace that connected brands, retailers, creators and consumers. The platform was designed to support product demonstrations, interactive broadcasts and purchases across digital and social-commerce channels.
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